🥈 DOMESTIC SILVER PRICES MATCH WORLD PRICES FOR THE FIRST TIME, WITH THE GAP NARROWING TO JUST 0.4%
📉 Gap shrinks from 26.2% to 0.4%
For the first time, domestic silver prices are nearly on par with world prices, with the gap narrowing to just 0.4%. Previously, the gap peaked at 26.2% in June 2025 and stayed around 20–25% for nearly two years. Phú Quý’s current retail price is about 1.62 million dong per tael, compared with a peak of 4.56 million dong per tael in late January 2026.
🌍 Global silver market in deficit for five consecutive years
The global silver market has been in deficit for five consecutive years, with a total deficit of about 762 million oz over six years. Industrial demand in 2025 reached 657 million oz, accounting for about 58% of total demand, while around 72% of mined silver is produced as a by-product of lead, zinc, copper, and gold mining.
🌤️ The domestic price gap has narrowed to nearly zero while global supplies remain in deficit. The market will be watching to see how long this new price level holds.
$XAG
📉 Gap shrinks from 26.2% to 0.4%
For the first time, domestic silver prices are nearly on par with world prices, with the gap narrowing to just 0.4%. Previously, the gap peaked at 26.2% in June 2025 and stayed around 20–25% for nearly two years. Phú Quý’s current retail price is about 1.62 million dong per tael, compared with a peak of 4.56 million dong per tael in late January 2026.
🌍 Global silver market in deficit for five consecutive years
The global silver market has been in deficit for five consecutive years, with a total deficit of about 762 million oz over six years. Industrial demand in 2025 reached 657 million oz, accounting for about 58% of total demand, while around 72% of mined silver is produced as a by-product of lead, zinc, copper, and gold mining.
🌤️ The domestic price gap has narrowed to nearly zero while global supplies remain in deficit. The market will be watching to see how long this new price level holds.
$XAG
